ACC Q1CY17 results beat estimates
Nidhi Jani / 21 Apr 2017
The company reported PAT of Rs 211 crore, which represents a sequential QoQ increase of 132.14 per cent and a YoY decline of 9 per cent.
ACC Ltd. declared its Q1CY17 results today.
The company's total sales for Q1CY17 came in at Rs 3174 crore, which represents a 17.67 per cent sequential increase and 8.11 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 250.88 crore, while its EBIT margin stood at 7.9 per cent.
The company reported PAT of Rs 211 crore, which represents a sequential QoQ increase of 132.14 per cent and a YoY decline of 9 per cent.
ACC Ltd is an Indian company engaged in the manufacture of cement and concrete. The products of the company include bulk cement, blend cement, ordinary Portland cement and ready mix concrete (RMC). ACC's operations are spread throughout the country with 16 modern cement factories and more than 40 RMC plants.
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